Harris Teeter Supermarkets, Inc.

Matthews, NC United States

  (NYSE: HTSI)

Company Description

Harris Teeter Supermarkets has groceries to health and beauty items in the bag. Through operating subsidiary Harris Teeter, Harris Teeter Supermarkets (formerly Ruddick Corporation), operates a regional chain of around 205 supermarkets in nine states primarily in the southeastern and mid-Atlantic US, as well as Washington, DC. The majority of the grocery stores house pharmacies and feature niceties such as sushi bars, gourmet delis, and cafes. Subsidiary American & Efird (A&E), which makes industrial and consumer sewing thread for the apparel, automotive, medical, and footwear industries worldwide, was sold to KPS Capital Partners for $180 million in cash in November 2011.